23 August 2012
Hi, I don't have much knowledge of Income Tax.I have not filled ITR for FY 2010-11 and want to apply it online. My income as per form 16 A is- TOTAL- 322695(includes HRA and LTA) Paid Tax as TDS-15520
I have some income from part time Insurance that's Rs5730 and TDS rs 580
Total tax now is as per form 26AS is 16100. MY investment under 80C is Rs 1 Lacs
I am facing few problems to file ITR- 1- Is ITR4 to be filled or ITR1 is sufficient? 2-Where to claim HRA and LTA in Sahaj? 3-Due to delay am I going to be panalised as I have paid all taxes?